Overview - Accounts Outsourcing and Book Keeping

Capability, experience and ability empower us to offer a wide scope of re-appropriating administrations to our customers, supporting them to oversee substantial responsibilities and facilitate the weight. Accepting the genuine feelings of serenity as an ideal, we give fit assistance to our customers. Lex N Tax Associates is known for the best Accounts Outsourcing and Book Keeping services in Delhi.

Accounting and Book Keeping

Accounting and bookkeeping are essential financial management processes that involve recording, organizing, and summarizing financial transactions of a business. Bookkeeping focuses on daily transactions like sales and expenses, while accounting includes interpreting, analyzing, and reporting financial information to stakeholders for decision-making. Together, they ensure financial transparency, compliance with regulations, and strategic financial planning for businesses of all sizes.

Corporate expense is required on the organizations, regardless of whether homegrown or unfamiliar. In India, the Income Tax Act, 1961 administers the arrangements of charging corporate expense to organizations. The worldwide pay of the organizations enlisted in our nation is covered for tax assessment under this. Though on account of unfamiliar organizations, just the pay got or gathered in India is available under the corporate duty. Lex N Tax Associates provides Best Corporate Tax Services In Delhi. Accounting and bookkeeping services encompass a range of financial tasks and activities aimed at recording, organizing, and managing a company's financial transactions, ensuring accuracy, compliance, and transparency in financial reporting.

Payroll Management

Payroll management is a crucial aspect of business operations, encompassing the administration of employee salaries, wages, bonuses, and deductions. It involves ensuring timely and accurate payment to employees while complying with relevant labor laws, tax regulations, and reporting requirements. Effective payroll management requires meticulous attention to detail and adherence to internal policies and procedures. This includes accurately calculating employee compensation, withholding and remitting payroll taxes, processing employee benefits, and issuing paychecks or direct deposits.  Also, payroll management involves maintaining comprehensive records of employee earnings, deductions, and tax withholdings for financial reporting and compliance purposes.